Veteran investor Charlie Munger said that inflation is a huge threat to America, even the biggest threat to the country after the nuclear war.

Veteran investor Charlie Munger said inflation was the biggest threat to America after the nuclear war. Stating that he has never invested in crypto money before, Munger said, “I wish it was banned as soon as possible.”

Stating that he appreciated the Chinese for banning cryptocurrencies, Munger said that the whole development process was disgusting and not in the interest of civilization.

Emphasizing that inflation poses a serious danger, Munger underlined that printing too much money historically causes great problems.

Munger said, “Inflation is a very important issue, even the cause of death of democracies. After saying, “Inflation is a great danger,” he pointed out that the Roman Empire collapsed due to hyperinflation.